TAPI to bring prosperity, peace dividends in the region: PM
SERHATABAD (92 News) – Prime Minister Shahid Khaqan Abbasi has said that Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project would provide shared prosperity, unite people, and provide socio-economic development and peace dividends in the region.
Addressing the ground breaking ceremony in Turkmenistan’s city Serhatabad, he said that Pakistan has been able to overcome its challenges and was on the path of economic progress, adding that it will achieve six percent growth this year.
The prime minister said the project would help meet 10 percent of Pakistan’s energy needs, 20 percent of its natural gas requirements and would be equivalent to its nine million tonnes of imports, adding that TAPI would provide Pakistan the much needed gas security.
He said the China Pakistan Economic Corridor (CPEC) was the most efficient connectivity link for the Central Asian States and it’s linkage with the One Belt One Road would open a new world of opportunities.
Gwadar Port will provide most efficient sea linkage for whole of Central Asia, he said and added connectivity under Belt and Road initiative will ensure great economic prosperity of the region.
Abbasi went on to say that Pakistan has added 10,000 megawatts of power in the last four year and by the end of 2019, Islamabad would be adding 2500 kilometers of six lane motorways to provide connectivity in the region.
He said: “Pakistan was economic destination second to none and it is a huge market for investors and provides peace, security and stability.”
The ground-breaking ceremonies was also attended by President of Turkmenistan Gurbanguly Malikgulyevich Berdimuhamedov, President of Afghanistan Ashraf Ghani and Minister of State for External Affairs of India, M.J Akbar.
The Prime Minister was accompanied by Minister of State for Energy Jam Kamal Khan.